Yorkyork, I don't agree with U on yr above advice. As Mi is suddenly going up very fast for tis few days. I don't advise people to chase high which is a by risky way. Easily get caught
the games only started. More coming.. trade recievable hit all time high RM100M... the commence of new factory with boost it more in coming Q. Its interesting just to keep it!!!
Indeed the revenue is terrific, however, the net profit is just 1% higher as compared to last quarter. Anyway, i will follow YY advice to hold & see what happen in near future.
Some people curious why revenue increased by 44% QoQ but why net profit increased merely 1% QoQ. The reasons are there were forex loss, write-off for obsolete inventory, and year-end bonus to employees in Q4 quarter. If without these one-off items, Mi's net profit in this quarter will be even better !
Mi is in the right industry and managed by top-class management team.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
toto
1,421 posts
Posted by toto > 2020-02-20 15:46 | Report Abuse
yorkyork 现在还可以剑,不要怕
Yorkyork, I don't agree with U on yr above advice. As Mi is suddenly going up very fast for tis few days. I don't advise people to chase high which is a by risky way. Easily get caught